Latour Industries International AB made an offer to acquire Allgon AB (publ) (OM:ALLG B) from a group of shareholders for approximately SEK 600 million on December 14, 2020. Latour Industries will acquire all 56.2 million B shares in Allgon at SEK 10.75 per share in cash. Latour Industries has obtained irrevocable undertakings to accept the offer from Verdane Capital VI K/S, Verdane Capital VI B K/S, Tibia Konsult AB, Bertil Görling and Akei AB9 , holding in aggregate 27.74 million Allgon shares, corresponding to approximately 49.3% of the total shares and votes in Allgon. The offer is fully financed by available cash on hand at Latour Industries. Allgon will form a new wholly-owned business line and operate as an independent entity within Latour Industries. If Latour Industries, whether in connection with the offer or otherwise, acquires shares representing more than 90% of the total number of shares in Allgon, Latour Industries intends to commence compulsory redemption proceedings under the Swedish Companies Act to acquire all remaining shares in Allgon and to promote delisting of Allgon's shares from Nasdaq First North Growth Market. Bure Equity AB (publ) (OM:BURE) made an offer to acquire remaining 88.8% stake in Allgon AB (publ) (OM:ALLG B) from a group of shareholders for approximately SEK 680 million on December 22, 2020. Bure Equity will acquire all remaining B shares in Allgon at SEK 13.5 per share in cash. The offer is subject to acceptance to such extent that Latour Industries becomes the owner of shares representing more than 90% of the total number of outstanding shares in Allgon, receipt of all necessary regulatory, governmental or similar clearances, approvals, decisions and other actions from authorities or similar, including from competition authorities, in each case on terms which, in Latour Industries' opinion, are acceptable. As of December 14, 2020, the board of Allgon unanimously recommended its shareholders to accept the offer. The tender offer period will run from December 14, 2020 to January 22, 2021. Jon Walberg of Öhrlings PricewaterhouseCoopers AB acted as fairness opinion provider, Erneholm Haskel AB acted as financial advisor and Advokatfirman Vinge KB acted as legal advisor for Allgon. Lazard is acting as sole financial advisor and Malin Leffler, Ola Sandersson and Kristian Hugmark of Roschier Advokatbyrå AB acted as legal advisor to Latour Industries in connection with the offer.